Petro Matad offers investors exposure to a fully funded 2019 exploration campaign targeting near-field, low-risk prospects as well as basin opening, high-impact potential. 2018’s two-well programme in the frontier Blocks IV and V did not yield a discovery, but data from the first ever exploration wells in the region have already highlighted three new structures in Block V. One of the three identified Block V ‘Raptor’ prospects is a candidate for drilling in 2019, with the al
28 Jan 2019
Petro Matad - Four exploration wells planned for 2019
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Petro Matad - Four exploration wells planned for 2019
Petro Matad Limited (MATD:LON) | 4.0 0 0.0% | Mkt Cap: 44.0m
- Published:
28 Jan 2019 -
Author:
Sanjeev Bahl -
Pages:
17
Petro Matad offers investors exposure to a fully funded 2019 exploration campaign targeting near-field, low-risk prospects as well as basin opening, high-impact potential. 2018’s two-well programme in the frontier Blocks IV and V did not yield a discovery, but data from the first ever exploration wells in the region have already highlighted three new structures in Block V. One of the three identified Block V ‘Raptor’ prospects is a candidate for drilling in 2019, with the al